Offshore Company in UAE within 48 Hours | Business setup | Company formation | Free Zone Formation | Offshore formation |

As a Registered Agent of the Government Authorities we will be responsible for submitting the incorporation documents to the Registrar. The applicant does not need to be physically present for the incorporation. Our registered office address can be used as the UAE Offshore Company registered address. 

   

     Application/Request Form
     Documents (see below)
     Payment

Individual Shareholder and Individual Director

    Request Form (in original);
    Passport Copy of each director and shareholder;
    Bank Reference Letter (recent -less than a year, in original and in English) of each director and shareholder;
    Utility Bill/Proof of Residence (in original) of each director and shareholder.

Individual Shareholder and Corporate Director

Request Form (in original);
For Individual Shareholder:

    Passport Copy of each individual shareholder;
    Bank Reference Letter (recent -less than a year, in original and in English) of each individual shareholder;
    Utility Bill/Proof of Residence (in original) of each individual shareholder;

For Corporate Director:
    Board Resolution regarding acceptance to act as a director of the new company (in original);
    Copy of License or Incorporation Certificate of the parental company issued by the Chamber of Commerce or any other  body;
     c) Copy of the MOA of the parental company;
     d) Passport copy of the directors and shareholders;
     e) Bank Reference Letters (recent -less than a year, in original and in English) for the directors and shareholders.

• Individual Director and Corporate Shareholder 

-- Request Form (in original);
-- For Individual Director:
     a) Passport Copy of each individual director;
     b) Bank Reference Letter (recent -less than a year, in original and in English) of each individual director;
     c) Utility Bill/Proof of Residence (in original)of each individual director;
-- For Corporate Shareholder:
     a) Board Resolution from the parental company in its letterhead for appointment of shareholders and directors (in original);
     b) Copy of License or Incorporation Certificate of the parental company issued by the Chamber of Commerce or any other official body;
     c) Copy of the MOA of the parental company (copy);
     d) Passport copy of the directors and shareholders;
     e) Bank Reference Letters (recent -less than a year, in original and in English) for the directors and shareholders;

• Corporate Director and Corporate Shareholder

-- Request Form (in original);
-- Board Resolution from the parental company in its letterhead for appointment of shareholders and directors respectively (in original);
-- Board Resolution regarding acceptance to act as a director of the new company (in original);
-- Copy of License or Incorporation Certificate of the parental company issued by the Chamber of Commerce or any other body;
-- Copy of the MOA of the parental company;
-- Passport copy of the directors and shareholders;
-- Bank Reference Letters (in original and in English) for the directors and shareholders 

Vithul V Murali
Dubai Mobile : +971 50 55 73 538

Skype : Vithul.murali

Decision Needs to be taken Before Registering a Business in Dubai | Business setup | Company formation | Free Zone Formation | Offshore formation |

Decision Needs to be taken Before Registering a Business in Dubai | Business setup | Company formation | Free Zone Formation | Offshore formation |

While Dubai was always favorably seen as an investment destination, the interest amongst foreign entrepreneurs in entering the Dubai market seems to be rising and a number of foreign companies apply for setting up a business in the country each year. There are a number of advantages when it comes to doing business in Dubai, but there are a few important decisions to be taken as well that could create problems or ease things for the company in the future. Some of these decisions are as follows:

1) Foreign entrepreneurs should decide whether they want to register a Dubai Limited Liability Company or an offshore company. They may also choose to register a branch office in Dubai. The pros and cons of each type of company vary significantly and would also depend upon the business activity in the country. While most foreign companies would register a Dubai Limited Liability Company, this comes with a rider that at least 51 per cent of the shares must be owned by local Dubai residents. The foreign company or entrepreneur must spend a significant amount of time trying to engage the best suited partners for their Dubai business. Without providing minimum 51 per cent stake to the Dubai based partners, foreign companies cannot go ahead with company registration in the country.

2) If the foreign entrepreneur would like to retain 100 per cent ownership in their Dubai Company, then they have the choice of registering their business in one of the many free zones in the country. However, this comes with several riders as well. The two most important of these are the fact that companies registered in a free zone in Dubai are mainly export oriented companies and are not allowed to have full access to the Dubai market. At the same time, your company needs to be in the same business activity as the purpose for which that particular free zone was created. Unfortunately if the foreign entrepreneur wants to cater to the local population of Dubai and United Arab Emirates, they have no choice but to incorporate a standard Dubai LLC and give away 51 per cent shares to local Dubai based partners.

3) While it is mandatory for providing majority stake to Dubai residents, the profit and loss treatment of the company can be different from the percentage of shares held. Foreign entrepreneurs must decide upon this and negotiate with their Dubai partners before company registration.

Vithul V Murali MBA
Al Zaeim Corporate Services
Dubai Mobile : +971 50 55 73 538

Email  : vithul@a2zconsultus.com

Skype : Vithul.murali

Double Tax Avoidance Agreement (DTAA) - | Offshore Company Set Up | Business Set Up in Dubai | Company Formation in Dubai |

Since the UAE has no taxes, accordingly double taxation prevention treaties are aimed at making the UAE a more attractive territory in which to operate. Generally, under these treaties profits generated from shares, dividends, interest, royalties and fees are taxable only in the state where the income is earned according to mutually agreed terms and conditions. 

• To protect UAE investors from direct or indirect double taxation. 

• Investments to be taxed in the country of residence other than that country of source. 

• The U.A.E signed several bilateral agreements for avoidance and prevention of double taxation with most of its major trade partners.

ADVANTAGES

• Reduced Dividends Tax 
• Exempting Deposits from Tax 
• Exempting Capital gains from Tax 
• Exempting national air carriers and shipping companies working in international traffic from taxes and fees 
• Exempting Government Sector Establishments from Taxes on Dividends, Interest and Capital Gains 
• The Significance of the Tax Agreements to the Foreign Investor and the Investment funds 
• Impact of the Tax Agreements on attracting Foreign Investments and capital Movements

List of Double Taxation Avoidance Agreements: 

No	Country	Execution	No	Country	Execution
1	Egypt	26/3/1995	26	Armenia	29/12/2004
2	Algeria	28/11/2001	27	Tajikistan	29/01/2000
3	Yemen	25/8/2001	28	Mangolia	29/11/2002
4	Tunisia	24/2/1997	29	Azerbaijan	30/04/2007
5	Morocco	26/9/1999	30	Austria	27/04/2004
6	Sudan	28/11/2001	31	Poland	29/01/1994
7	Syria	11/6/2000	32	Germany	18/03/1996
8	Lebanon	25/10/1998	33	Finland	24/02/1997
9	Mozambique	04/05/2004	34	Italy	20/11/1995
10	Pakistan	29/01/1994	35	Czech	26/06/1997
11	India India (Protocole)	21/08/1993 04/09/2007	36	France	15/11/1989
12	Srilanka	04/05/2004	37	Belgium	26/06/1997
13	Philippine	29/12/2004	38	Romania	09/01/1996
14	Korea	04/05/2004	39	Turkey	29/01/1994
15	Singapore	17/06/1996	40	Luxemburg	07/05/2006
16	Indonesia	17/06/1996	41	Spain	13/08/2006
17	Thailand	12/11/2000	42	Malta	13/08/2006
18	Malaysia	17/06/1996	43	Bosnia & Herzegovia	30/04/2007
19	China	05/06/1994	44	Seychelles	06/02/2007
20	New Zealand	04/05/2004	45	Mauritius	20/06/2007
21	Ukrania	28/02/2004	46	Canada	07/01/2004
22	Belarus	02/01/2001	47	Uzbekistan	26/10/2007
23	Holand	29/11/2007	48	Greece
24	Bulgaria	22/01/2008	49	Kazakhistan
25	Turkmenistan	24/11/1999	50	Vietnam

Vithul V Murali MBA
Al Zaeim Corporate Services
Dubai Mobile : +971 50 55 73 538

Email  : Vithul@a2zconsultus.com

Skype : Vithul.murali

Rights Of FZE's and FZC's in UAE | Business Setup in Dubai | Company Formation | Free Zone Registration |

Rights of FZE's and FZC's 

One hundred per cent foreign ownership and full repatriation of profits and capital is 

                Permitted.  

·         Exemption from corporate and income taxes for a determined period, regardless of 

               Subsequent changes to local laws.  

·         Goods may be imported into the free zone, free of duty.  

·         It is relatively straightforward to set up a company in a free zone. The first step is to 

               complete a questionnaire issued by the relevant FZA. Once the questionnaire has been 

               onsidered by the FZA the company will be required to provide the FZA with information on 

               Individual shareholders are required to provide a personal profile which may include a 

               business background, specimen signatures, domicile and address.  

Corporate shareholders are required to provide:  

·         certificate ofregistration or good standing;  

·         memorandum and articles of association;  

·         board resolution authorizing the incorporation of the FZE or FZC;  

·         Powers of attorney in favor of the FZE/FZC managers; and e audited financial statements 

              for the last two financial years.  

·         Companies operating within the free zone are generally entitled to employ who they wish. 

However, various administrative requirements must be complied with such as providing the FZA 

with certain details of the license holder’s employees.  

·         While rates of pay are not specifically regulated, a minimum salary is stipulated in the JAFZ. 

Overtime rates are regulated by the FZA and shift working must be notified to the FZA.  

·         Working hours are regulated and these are shortened during the Holy Month of Ramadan. 

The shortened hours apply to all employees, regardless of religion. 

·         Employee numbers are restricted according to various criteria, including office area and 

machinery installation.

Vithul V Murali
Al Zaeim Corporate Services
Dubai Mobile : +971 50 55 73 538

Email  : Vithul@a2zconsultus.com

Skype : Vithul.murali

Registering Busines In Dubai : | Dubai License | Company Formation | Business Setup | LLC registration |

Registering Businesses in

Dubai

Steps Required in Setting  up a Business

Prior to operating any business in Dubai, the steps outlined below must be undertaken in order to meet the legal requirements of all concerned government authorities and to guarantee maximum commercial benefit for the business owner:

•    Determine the category/categories (commercial, industrial and/or professional) and type of business activity/activities to be practiced.

•    Determine  all  the  related  business  activities  that  can  be  included  within  each business license, subject to a maximum of ten activities per license.

•    Determine  the  appropriate  business  legal  form  for  your  business  taking  into consideration the desired business activity/activities and the number and nationalities of the business owners and please press here to view the terms and conditions for conducting business in Dubai.

•   Confirm all the requirements of the license to be issued.

•   Determine the trade name of the business. (See Appendix A)

•    Submit an application to the Department for an initial approval either by a personal visit to the Department Offices or through the Internet(Coming soon), a document clearing service or a legal consultant's office.

•    Register a trade name after obtaining an initial approval either by a personal visit to the Department Offices or through the Internet (Coming soon), a document clearing service or a legal consultant's office (If you have previously reserved a trade name, you can proceed to register it with an initial approval by use of the record number).

•    Lease business premises (it is recommended that you contact the counter of the Planning Department of Dubai Municipality on Telephone Number 2020105 or on Dubai Municipality's Telephone Number 2063788, before leasing premises in order to verify that it is suitable for the business). Thereafter you can visit the said Department's counter on the building's first floor for approval of the premises.

How to secure a medical or related license in Dubai | Company Formation | Business Setup |

Medical and Related Professions (Ministry of Health, Department of Health and Dubai

 Municipality Requirements) 

Stage – I: Approval by Ministry Of Health

Formal application with local sponsor’s particulars and suggested trade name

Provide address/location of proposed clinic/pharmacy/centre for formal inspection by the MOH

Obtain no objection from MOH

Stage – II – Approval by Department of Health (DOH)

A DOH qualified manager

If the manager is a new appointment he should appear for DOH exam before

Obtaining permission to proceed for the license. Exams shall be conducted within 2 weeks’ time from the date of submitting the application.

Upon successful clearance of the exam a formal request letter has to be submitted in the name of a UAE national to the “Director, Licensing and Specification Department�? With passport copy, nationality card, profile about the proposed establishment, experience of the doctor, location etc.

U pon reviewing the application, the department shall issue the no-objection letter to the department of Economic Development and Dubai Municipality.